Azul-AZUL's Q4 Earnings Coming Up: What's in the Offing for the Stock?

Core Viewpoint - AZUL is expected to report its fourth-quarter 2024 results on February 24, with a history of disappointing earnings surprises, missing estimates in the last four quarters with an average miss of 100.8% [1][2]. Financial Estimates - The Zacks Consensus Estimate for AZUL's earnings for the upcoming quarter is flat at 12 cents per share, while revenue estimates are at $957.6 million, indicating a year-over-year decline of 5.7% [2]. - Total operating expenses are projected to increase by 2% year-over-year, driven by high labor and fuel costs [3]. Earnings Performance - AZUL reported a loss of 32 cents per share in the third quarter of 2024, which was worse than the Zacks Consensus Estimate of a loss of 10 cents. Total revenues for the third quarter were$ 925.1 million, falling short of the estimate of $953.2 million [5]. Earnings Prediction Model - The current model does not predict an earnings beat for AZUL, with an Earnings ESP of -59.18% and a Zacks Rank of 3 (Hold) [4]. Industry Comparisons - Delta Air Lines reported fourth-quarter 2024 earnings of$ 1.85 per share, surpassing estimates and showing a year-over-year increase of 44.5% due to low fuel costs. Revenues reached $15.56 billion, exceeding estimates and increasing by 9.4% year-over-year [8][9]. - J.B. Hunt Transport Services reported earnings of$ 1.53 per share, which was below estimates, but total operating revenues of $3.15 billion narrowly beat expectations despite a year-over-year decline of 4.8% [10][11].